DGFT releases notification clarifying CSP's in EPCG scheme

The Dollar Business Bureau

 The DGFT released a trade notification no- 18/2016 dated 23rd September, 2016 wherein it includes a list of service providers to be added under the Common Service Providers (CSP) in the Export Promotion Capital Goods (EPCG) scheme.

 The DGFT has listed service providers or job workers or third party service providers under the EPCG scheme. Citing an example the DGFT says, there may be multiple garment exporters obtaining services at different stages of garment manufacturing (such as knitting, dyeing, compacting, printing, embroidering, labelling, cutting etc.) from a number of other units who own these facilities but do not engage in the export of garments. These job workers will now have the flexibility to not own all the infrastructures for conversion from input to final export products, but are eligible to get benefits under the EPCG scheme.